GM
There will always be some "paper" bitcoin in circulation. The more we self custody, the less there will be, but there will always be some
Haha yeah... Been in finance basically my whole life. Never even thought about what money actually is until Bitcoin... The bitcoin standard book changed so many things for me
#bullishbounty
How can you place all your economic wealth in a magic internet money instead of your local government backed money/property?
My local government:
GM #nostr
What industry will get bailed out first you think?
#bullishbounty
#bitcoin
#nostr
Credit to Max DeMarco (youtube) for the video
As someone living in Africa, the silent revolution often seems to be getting louder
Please keep on mathing. Really helps with perspective
Going to start ticking up faster in the next 12 months when trillions mature and they have to issue new debt to pay it, at higher interest rates
A lot of rumors going around that coinbase is issuing paper IOUs to blackrock for their etf bitcoin... Don't have an opinion on it really, because I just don't know, but:
- I wouldn't be surprised
- They can't do it forever
- I'm getting price suppressed sats that go to cold storage if it's true
Life is really simple after #bitcoin for me
If it's happening, when it blows up, the usd price would probably drop significantly like when FTX blew up, and that would be a good thing for those stacking real, unlevered sats
GM
How long will it take to pop? Months, years? Might take some time, but is sure as hell will pop
#bullishbounty
#bullishbounty
#bullishbounty